Nova Bank appoints Anele
Nova Bank Limited has appointed Jude Anele as its Managing Director and Chief Executive Officer, following approval by the Central Bank of Nigeria. The appointment comes at a pivotal moment…
Middle East crisis: What it means for oil-rich but refining-poor African economies
By Adewale Sanyaolu Rising tensions in the Middle East have once again exposed the fragile energy architecture of many African economies, particularly oil-producing nations that lack sufficient domestic refining capacity.…
HEDA demands disclosure of legal fees paid in P&ID case, urges CBN to be accountable
The Human and Environmental Development Agenda (HEDA Resource Centre) has urged the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso to disclose the amount of legal fees…
Emefiele: Court fixes April 17 for adoption of addresses in trial-within-trial
An Ikeja Special Offences Court on Friday fixed April 17 for the adoption of final addresses in a trial-within-trial involving Henry Omoile, co-defendant with former Central Bank of Nigeria, CBN,…
Understanding The Essence Of Banks Recapitalisation Policy
By ARIZE NWOBU Banks are the most important financial intermediaries, especially in developing countries and they operate in the money market segment of the financial system and provide short term…
Give account for N3trn public funds – SERAP drags CBN to court
A lawsuit has been filed by the Socio Economic Rights and Accountability Project (SERAP), against the Central Bank of Nigeria (CBN), over its alleged failure to account for N3 trillion…
CBN to fine bank N10m over unapproved cheque printing
Deposit Money Banks risk fines of up to N10m and the withdrawal of cheques from circulation if they engage unaccredited cheque printers, the Central Bank of Nigeria has warned. The…
Court adjourns former gov Bello’s trial on alleged N110 billion fraud till March 10
Hon. Justice Maryann Anenih of the Federal Capital Territory High Court, Maitama, yesterday, adjourned the trial of former Kogi State governor, Yahaya Bello, on an alleged N110 billion money laundering…
Online ‘Loan Sharks’: NASS, CBN, FCCPC, EFCC must save Nigerians
By Steve Omolale SUCCOUR. This is what the Federal Government through the Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection Council (FCCPC) intended for ordinary Nigerians…
Nigerian economy: After stabilisation, whither the path to development?
By Marcel Okeke Nigerians in the market Claims about the stabilisation of the Nigerian economy have been made ad nauseam (to an excessive degree) since mid-2025; meaning that hitherto, it…